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NEWS: EPPO indicts suspected leader of €297M VAT fraud scheme

Premium January 27, 2025

Picture: Courtesy of the European Public Prosecutor’s Office

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NEWS: Customs and VAT fraud causes €45bn of ‘damage’ to EU, officials say

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INSIGHT: LVMH still operating hotel in Russia that serves sanctioned clients

INSIGHT: AI, Humans and Rules – How to build the most effective FinCrime controls

By PAUL O’DONOGHUE, Senior Correspondent

THE European Public Prosecutor’s Office (EPPO) in Latvia has indicted the suspected leader of a €297 million VAT fraud scheme uncovered during the ‘Admiral 2.0’ investigation.

This large-scale fraud exploited EU rules on cross-border transactions, which exempt such trades from value-added tax.

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Premium

NEWS: Customs and VAT fraud causes €45bn of ‘damage’ to EU, officials say

 Premium

INSIGHT: LVMH still operating hotel in Russia that serves sanctioned clients

INSIGHT: AI, Humans and Rules – How to build the most effective FinCrime controls

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